A VA Home Loan is only available to eligible military veterans, active duty military members, and certain surviving family members in the purchase of new homes.

These loans often require no down payment and have very low interest rates compared to a conventional mortgage loan. Maximum loan amounts vary by state and county, dependent on the current state of the housing market.

There are specific requirements for both loan applicants and for the property purchased with the VA home loan. Criteria for who may apply for and receive a VA loan have been laid out by the requirements, and must have been discharged honorably.

Homes must pass a rigorous safety and construction inspection and any faults must be corrected prior to settlement. While there are more requirements that must be met for a VA home purchase loan, the benefits received by those who qualify are well worth the extra effort.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is notguaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.Property listings are subject to errors, omissions, prior sales or withdrawal without notice.